Bitcoin Forum

I just wanted to get everyone's opinion on this.  I've heard very little good about this coin maker from anyone here, and have heard plenty of negative things.  I am in the process of putting a lot more information together but this is a start- https://bitcointalk.org/index.php?topic=2597881.msg34156552#msg34156552

Knowledge is power- I'd appreciate hearing about your experiences good or bad.  

I ordered some physical coins from them in the past and did actually receive them. So in that aspect they aren't scammers. The quality is not the best but personally I like them as an addition to a physical btc collection. Regarding their ico token, I'm not the biggest fan, it seems quite fishy to me.

Just my opinion.

-bavi-

I have 3 that are supposed to be loaded. They aren't. I kept emailing them but still no response. It's been 3 months.

Also any loaded coins they have they claim that 1 bitcent is 0.001 instead of 0.01.

I don’t think it’s a good idea to buy loaded coins from that company.
It has to be an extremely trustworthy organization to handle the private keys, there has simply been too many cases of companies running away with the funds. Long con scam. To mention a few coingraphic and the epic Alitin Mint. Those just robbed the buyers!

Wow.  That’s ultra shady.   I almost bought a complete set a while back and I’m glad I didn’t now.  I thought they were reputable until now.   Mind sharing the address of the non-loaded “loaded” coins. 

Seriously wow thats terrible.  Do you know of anyone else that they have not loaded their coins (maybe you were the unlucky one off).  And yeah the bitcent verbiage is definately misleading.  Not that there is a specific official name for .01btc but it is widely called a bitcent.  I hope this isnt another scam company, too many of these over the last couple of years

So here's an examples of what my coins looked like
https://i.imgur.com/U8EBYVr.jpg


Infinitum Bitcoins is part of Sandcastles Investment Group Limited -https://www.infinitumbitcoins.com/contact-us.html

Address
Infinitum Bitcoins
c/o Sandcastles Investment Group Limited
Geneva Place
Waterfront Drive
Tortola, Road Town
British Virgin Islands


Founder and CEO's LinkedIn page-  https://www.linkedin.com/in/zuber-mohsan-5536b612/  

I don't see anywhere on the CEO's LinkedIn page where it speaks to them being based out of the British V.I.  Here is an article that discusses why companies are often set up to be held in the British V.I. and physically located elsewhere (which raises more red flags)  http://www.businessinsider.com/british-virgin-islands-offshore-haven-where-trillions-are-hidden-2017-6

I also don't see any other employees of Infinitum on LinkedIn, please correct me if I'm wrong.

These guys are barely advertising and all web pages are extremely vague...something certainly feels very off here.  

https://bitcointalk.org/index.php?action=trust;u=525376

Man it looks like either mj got taken or knows someone else that this has happened to, too.  Horrible

I bought a complete set of coins from them last year. Once they arrived via fedex...i emailed to have him load. He did so within a day or two. As far as quality...i do not recall any issues like Ty has. I wish i could take another closer look but they are stashed deep sonewhere where i do not plan to get to yet.

    As far as their ICO goes...i would not even consider it with them or anyone else for that matter.

      Some have voiced concern about loading these coins. The amount is minute..which was a risk i was willing to take. I also have them on my app that checks any public bitcoin address every 5 minutes and alerts me of any changes.

       Still when all is said and done...no paying customer should have to go what certain guys here had to go thru

yeah i remember buying these and mine look these bad as well :/
Also bought these when the bitcoin price was dropping and these were supposed to be funded by 0.01 each if i remember correct but they didn't came funded

Weren't they also doing ICO and giving free tokens to whoever bought their coins?

So chronicsky you have unfunded ones as well?!?! Terrible, neg incoming this seems to be troubling.  I would hope some more dt members paint their account as my trust rating wont effect them much.....when is this madness going to stop.

This is what I do not understand about this forum...how in the hell is that the case?!  It doesn't make sense to me that a legendary member who's also a coin maker with nothing but positive trust and a lot of it ..not hold significant weight?!  I mean I don't trust ya all that much Wheelz, but everyone else sure seems to!  :D

Unfortunately we've got yet another scam coin maker on our hands.

Oh and this scum bag is next : https://www.etsy.com/listing/575857935/limited-edition-silver-bitcoin?ref=hp_rv

most probably yes
mine are with MJ and he ordered a batch - so i guess let's wait for him to confirm. It's either unfunded or funded with 0.001 instead of promised 0.01


hahahah yeah, things depend on DT1 and their trust list here- from the start thats been the case

and CHi, those are the ones which say silver but aren't really silver, right?

Yes..so the Sir Isaac Newton coin is required to be loaded with 1000 Infinitum coins https://infinitumcoin.com/site/coin-detail.  I just checked and looks like they've sold about 40ish of 999 possible coins.  Also I now noticed it states this coin costs $220 but will get bumped to $1,670 after the ICO.  Hmm, ok thats normal  ???

What makes a lot of sense is that their first 4 coins are called Infinitum Bitcoins, but with their ICO they state how Bitcoins decentralization is essentially the bad thing about Bitcoin...pick a side, which is it?!

They've also got notices on their main webpage saying due to Christmas and new years there could be a shipping delay.  It it Nov/Dec again already?

bumped to 1670 ? :/
lol

They suck at updating their page. i bought the coins cos price of btc went high but on their site was low and that way we paid only 0.01 or so for the coin which was supposed to be same as funding until...

Yeah that guy on etsy made it look like his coin was .999 solid silver when it's only plated.  Very shady with the way his page was set up.  When I emailed and asked about silver content and mintage (says 25..there's a bunch out there)..never heard back. I saw him finagle with his webpage over the next couple weeks...moving around the silver content description and number of coins left.  This was surely due to me having issued a charge back.  He would not respond at all to me, so I got to keep the coins and my money back.  One is in the Save the Bees auction.  Actually we've got a couple nice scammers in their now, Xboxthreefixme being the other. 

Which makes it a massive red flag.  NOTHING makes sense about this company.  Did you see the CEO and how many business it says he's currently running?  lol unreal. 

Just like Ty said...how is it you do not carry weight around here with your ratings? Also how does ones DT get created...promoted etc etc? Any links? I am curious...i figured legendary with stellar trust and feedback surely must have a certain level of DT?

The same here. Its like i am on ignore for months now.

that is true! Wheelz has been great member to the community along with many others

For trust, Theymos adds people to "DefaultTrust" list, those members are called DT1 and the people from DT1 further add people  which become DT2

That is the basic frame, some changes here and there and more details

I'd say that it's about time then. Few people on this forum care more about watching out for others than that man. The forum is not better off with him being left off that list. 

Guys thanks wasnt trying to derail was just hoping that someone from dt would paint them.  Would hate to see more people get burned by them.  MJs should be enough but the more there are the better

Fwiw i dont want to be on the default trust list either, bitcoin is a hobby for me and want to keep it that way.  I like sticking to the collectable and mining subs and generally working with people and met some of you irl which are great people.  I fear default trust comes with its share of nonsense i dont think i want to deal with.  :)

Ahhhh. I didn’t understand it what so ever until Sky-mall just explained it.  My bad! Lol. Well that’s unfortunate, your trust rating should matter here DT no DT.  I shalt try and sign you up for jobs anymore Wheelz  :D

Shame.  Sad to look at the encylodedia now a days, scams all around.  Without looking i think alitin is the first coin in the book right?

I have a name, address and phone to the owner of Infinitum, based in Dubai.  I wrote them to get his signature for the encyclopedia, but after a lot of emails back and forth, they never signed them.  If the community feels like its ok for me to disclose it to a trusted person, I can send it. 

I dont wish to Dox them publicly, but I'm happy to help if its ok to do so.

   I have suggested to Elias to make a special section of the encyclopedia dedicated to coins that have been breached.  Alitin and Coinographic a must.

   We can also suggest to add scams too in that part to educate the public at large to avoid from buying from certain coin makers.

Why dedicate a book to them? I think it would begetter to make it clear of the scam each one has pulled in a later updated version.

 The book is not dedicated to scams...a section of it will or a notation can be placed at the bottom of the page.

   The same is done in stamp catalogs where a notation is placed of existing forgeries to make collectors aware of these.

If the book is for education of coins then yes i think somewhere in next versions it should be noted, so that someone doesnt pick up one of these books and collects one of those without knowing the possible pitfalls

My bad. I misread your post and took it to mean creating a new scammer’s edition.
I agree with having a section of them alone (at the back). - In a way that’s a better idea as those coins don’t deserve to be placed amongst the established coin makers.

You are quite right...they do not belong with the established coin makers, but believe it or not, I do want them in my collection... unloaded that is.

Some like Alatin are just some of the most well made coins in crypto. To me its its part of Bitcoin history and its part of the journey.

In stamp collecting some forgeries, ex, the Sperati forgeries, were so well made today they are collectables in their own right. So not only would you want to own the genuine stamp but also the forgery stamp too.

Today I downloaded their software. Now it is possible to output from the site to the blockchain. Coins came instantly.

This thread is discussing physical loaded Bitcoin coins made by this company.

I apologize. Physical coins did not order. Is there a thread about blockchain infinitum?

I got one coin, it was shipped and held at customs for a solid month. After 2 phone calls with custom agents they released it

It is unfunded and they provide horrible customer service through ignoring their clients.

That being said, I did receive an email from them for their QT wallet, which I refuse to put on my computer, I don't want computer herpes.

If you want a decent collectible, go for it. But I would prefer to get another coin/chip over this one as it's pretty worthless at the end of the day 

I have installed no viruses. Normal sandbox.